Who’s looking for a great deal? You choose how you want to profit…
1) Nice rental property. Renovate, Rent, Refinance. It’s already a legal 2-unit so the reno will be a lot easier.
2) It’s a profitable fix & flip opportunity for the right buyer who can keep expenses low.
– LOCATION: Ajax (Bayly & Pickering Beach Rd)
– PURCHASE PRICE: $589,900 Or Best Offer
– AFTER REPAIR VALUE: Couple recent sales over $700,000.
– CLOSING: March 19, 2021 (This is an assignment sale.)
– TYPE: Semi-Detached Bungalow
– BEDS/BATHS: 3 + 1 Bed, 2 Bath
– BASEMENT: Legal Basement Apartment
– PARKING: double driveway with 4 spots + detached 1.5 car garage
– SQFT: 994 sqft (Just round up to 1000!)
– LOT: 37.5′ x 115′
– AGE: 1957
– PROPERTY TAX: $3,840
– RENTS: $3000-$3500 (Vacant possession will be given)
– The Upper Unit needs a full cosmetic reno (new kitchen, bathroom, flooring, etc)
– Some junk and furniture removal
– AC is old
– Please look at the pictures for more ideas.
– It has a LEGAL basement apartment that was updated in 2016, but could use some updates again. Legalized in 2009. Which means the hard work has already been done!
– Roof and windows look good and are around 10 years old.
– Furnace is under 5 years old.
– Big Garage
– Lots of parking
Please let us know if you want to view it or if you want us to get you details. (Comparable sales, MPAC info, and more…)
Aaron Moore & Tomomi Wang
www.HouseDealsGTA.ca – Wholesale Properties For Real Estate Investors
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